About Ben Swett

Articles Written by Ben Swett

Locust Point Raises Large Credit Fund

Locust Point Raises Large Credit Fund

Locust Point Capital announced the final close of its third seniors housing credit fund, and it topped the firm’s predecessor vehicle by 56%. That performance reflected strong interest from the firm’s existing limited partners, as well as from a group of new... Read More »
Regional Bank Funds Illinois SNF Deal

Regional Bank Funds Illinois SNF Deal

Jeremy Warren of Montgomery Intermediary Group had to utilize some creativity to close an acquisition loan for a skilled nursing facility in southern Illinois. Owned by a highly motivated seller, the 50+ year old facility features 112 beds. That seller was unable to... Read More »
CIBC Bank Funds Illinois Acquisition

CIBC Bank Funds Illinois Acquisition

CIBC Bank USA provided a $3.4 million loan for the acquisition and capital improvements of an assisted living community in Illinois, along with a $1 million working capital revolving line of credit. The seller is exiting the industry, and the borrower sees significant... Read More »